Unscrupulous shipyards. Was pacificmotoryachts.com Web site
Mike,
Granted that a contract is only as good as the integrity of the
signing parties and the ultimate influence of their attorneys. Adding
efficacy of the legal venue certainly makes sense.
In 1990 I was an owner's rep for the construction of a tourist
submarine at International Submarine Engineering (ISE) at Port
Coquitlam, B.C. My client had a 36-passenger tourist submarine built
there and had an absolute nightmare with the process. ISE took our
progress payments and used them to pay old bills and so the
components for the sub on order never got delivered. In the end, we
had to pay the suppliers directly to get the equipment delivered,
effectively paying twice for the same stuff. I had to bring in our
own crew to finish the sub. There was a lot of litigation at the end
and I really never found out what the outcome was. But I do recall
that the court system was incapable of solving a problem in the time
frame that was necessary.
ISE is still going strong with plenty of support from the Canadian Government.
Please let us know which yards you have understood to have problems.
Material statements of fact are a complete defense against slander or
libel and I think that everyone here would like to know which yards
to avoid. Such information is the strength of forums like this.
All the best..
Bruce
---=====
L. Bruce Jones U.S. SUBMARINES, INC.
President POSEIDON UNDERSEA RESORTS LLC
Tel: 208/687-9057 Fax: 208/441-7478
E-mail: bruce@ussubmarines.com http://ussubs.com
http://poseidonresorts.com
"Design, engineering and construction of submarines and submersibles"
"Submarine related consulting, sales and operations."
---=====
Seems to me that all of you looking at new construction are either
forgetting something or someone has overlooked telling you something.
In addition to your contract all you have to do is ask for a performance
bond or a letter of credit. If the yard is unable to provide either of these
you should know their financial status leaves something to be desired.
Austin Gilbert
Colourmegone.
-----Original Message-----
From: passagemaking-under-power-bounces@lists.samurai.com
[mailto:passagemaking-under-power-bounces@lists.samurai.com] On Behalf Of L.
Bruce Jones
Sent: Monday, January 17, 2005 5:42 PM
To: passagemaking-under-power@lists.samurai.com
Subject: [PUP] Unscrupulous shipyards. Was pacificmotoryachts.com Web site
Mike,
Granted that a contract is only as good as the integrity of the
signing parties and the ultimate influence of their attorneys. Adding
efficacy of the legal venue certainly makes sense.
I think were getting a bit off track with this thread. Clearly there are
lessons to be learned regarding contracting for a boat to be built. We
should all be objective and realize the pacificmotoryachts.com web site
represents one persons experience, and an attempt to publicize it. I'm sure
the boatyard would present a very different perspective if given the chance.
I learned something in these discussions, that perhaps I've been a bit naive
in reading articles in popular boating magazines. I know they are funded by
advertising, but I thought they were more objective in their articles. With
my new found knowledge, I'll just make sure I ask more questions at boat
shows! Hey, speaking of the boat show, I think I'll go back for a few more
hours! Have a great day, Scott
Scott Bulger, list administrator